Notes on issuance of credit products in the primary market: new credit products in the 19th week

http://www.sina.com.cn 17:59, May 8, 2012 Sina Finance

Lin Chaohui, Huatai United Securities Co., Ltd

New varieties of credit bonds: In terms of credit qualification, 12 Yinian MTN1 issuers are foreign-funded, mainly engaged in clothing sales and positioned in the middle and high-end market. The gross profit rate of the product is high, but considering its small size, the main body and debt level of AA are somewhat high. 12 The actual controller of GCL MTN2 issuer is a natural person of Hong Kong nationality. The size of the company is obviously small, and the future investment pressure is great. The main body and debt level of AA are obviously high.

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